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India's room air-conditioner market is projected to reach Rs 50,000 crore by FY 2028-29, driven by rising temperatures, disposable incomes, and consumer finance. Voltas, a market leader, expects...

Air conditioner sales surged in May due to intense heat, with leading brands like Voltas, LG, and Daikin reporting significant growth. Industry expects overall sales to rise by 30-35% in 2024.

Voltas shares fell over 9% on Wednesday after the company reported a 22.75% decline in consolidated net profit for the fourth quarter ended March 31, 2024.

Voltas reported a 22.75% decline in consolidated net profit to Rs 110.64 crore in Q4 FY24, impacted by higher expenses. Revenue from operations stood at Rs 4,202.88 crore.

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Sebi extends deadline for public comments on proposals aimed at simplifying business processes and reducing compliance burden for listed firms.

MEHAIR, a domestic seaplane operator, has placed an order for up to 50 amphibious aircraft from Mallard Enterprises, aiming to re-launch operations in December 2024.

Indian Overseas Bank reported a 26.60% rise in net profit for Q1 FY25, reaching Rs 633 crore. Total income grew by 21.54%, driven by increased interest and non-interest income. The bank also saw...

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

India's Chief Economic Advisor predicts a 7% GDP growth rate for 2024-25, but highlights monsoon and global financial risks as potential challenges.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Sebi extends deadline for public comments on proposals aimed at simplifying business processes and reducing compliance burden for listed firms.

MEHAIR, a domestic seaplane operator, has placed an order for up to 50 amphibious aircraft from Mallard Enterprises, aiming to re-launch operations in December 2024.